Albany, NY -- (SBWIRE) -- 11/18/2015 -- CAD is an effective and efficient tool for modeling and designing products and components with ease and accuracy. This tool helps end-users, such as engineers, architects, and other design professionals, to prototype their products digitally before production and draft industry-specific products to enhance the overall quality of products. CAD solutions are widely adopted by several industries such as automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. Technavio's analysts forecast the CAD market in the aerospace and defense industry in EMEA to grow at a CAGR of 4.50% over the period 2014-2019.

The report covers the current scenario and the growth prospects of the CAD market in the aerospace and defense industry in EMEA for the period of 2015-2019. To calculate the market size, the report considers revenue generated from the following:
Sales of CAD software license
Services

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New software licenses revenue is realized from the fee earned by vendors by providing CAD software to end-users. CAD software license revenue includes both perpetual and periodic licenses/subscription. The report presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the CAD market in the aerospace and defense industry in EMEA.

Technavio's report, CAD Market in the Aerospace and Defense Industry in EMEA 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.

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Key vendors:-

Autodesk
Dassault Systmes
PTC
Siemens PLM Software

Key market driver:
Demand for commercial aircrafts
For a full, detailed list, view our report

Key market challenge:
Software piracy
For a full, detailed list, view our report

Key market trend:
Shift toward 4D models
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Key questions answered in the report include:-

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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